UPI dominates India's digital payments, reaching 84% of transactions in FY24. Its growth fuels financial inclusion and cross-border payments.

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In contrast, share of other payment systems like RTGS ... been the most significant contributor to the growth of digital payments in India due to its usefulness and ease of use, the report ...

Super wallets utilize India's DPI by integrating Aadhaar-based ID, facilitating real-time bank transactions by UPI, and ...

Mangaluru: The Mangaluru City Corporation (MCC) initiated a digital payment system on Thursday for collecting rent from ...

The Bengaluru-based digital payments startup bagged the funding from stock market veteran Ravi Dharamshis PE fund ValueQuest ...

In this modern era, as financial institutions navigate the complexities of digital transformation, API-led payment systems ...

adding that the new domain system aims to reduce cybersecurity threats and malicious activities like phishing. The move comes as India grapples with a surge in digital payment frauds and predatory ...

The Reserve Bank of India (RBI) is conducting tests of an ‘On Tap’ retail payment application within its Regulatory Sandbox (RS), marking a significant development in India’s digital payment ...

Easebuzz secures RBI authorization to operate as an online payment aggregator, enabling it to process payments for Indian ...